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hydrocarbon production

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Croatia: Electricity and hydrocarbon production in December 2024

According to the short-term energy statistics published by the Croatian Bureau of Statistics, net electricity production in Croatia for December 2024 reached 1,509 GWh,...

Romania: Romgaz’s hydrocarbon production rises by 4.6% in H1 2024

In the first half of 2024, Romanian natural gas producer Romgaz reported a total hydrocarbon production of 16.12 million barrels of oil equivalent, marking...

Romania: OMV Petrom’s net profit declines by 61% in 2023

Romanian oil and gas company OMV Petrom announced that its net profit fell by 61% in 2023 compared to the previous year, to 4.03...

Hungary: MOL agreed levels of hydrocarbon extraction for 2023 and 2024

Oil and gas company MOL has signed an authority contract with the Hungarian state that sets minimum levels of hydrocarbon extraction in Hungary for five categories...

Romania: OMV Petrom – hydrocarbon production dropped to 113.000 barrels/day in Q3

OMV Petrom’s hydrocarbon output dropped to 113.500 barrels of oil equivalent per day in the third quarter of 2023, compared to 117.200 barrels of...

Romania, Romgaz: Hydrocarbon output decreased by 5% in H1

Natural gas producer Romgaz said that its total hydrocarbon production decreased by 5.3% in the first six months compared to the same period in...

Latest news

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...

Solar growth in Hungary leaves businesses exposed to imported power costs

Hungary’s rapid increase in solar generation has not eliminated reliance on imported electricity, according to economic research institute GKI. The institute said the outcome...